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Apr 2808:00 AM PDT
-11:00 AM PDT
Whether you are just beginning your MBA journey or fine-tuning your path to a 700+ score, GMAT Day is designed to give you a competitive edge.
15 May 2025, 01:32
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Dropdown 1: 2010–2011
Dropdown 2: 700
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
62% (02:13) correct
38%
(02:16)
wrong
based on 513
sessions
History
Date
Time
Result
Not Attempted Yet
The chart shows Country X’s import and export figures (in billions of dollars) from 2010 to 2020. The blue line represents imports, and the orange line represents exports. A trade surplus occurs when exports exceed imports, while a trade deficit occurs when imports exceed exports. The difference between exports and imports is referred to as the balance of trade.
From each drop-down menu, select the option that creates the most accurate statement based on the information provided.
The greatest percentage increase in imports occurred during the period .
The range of the trade balance over the period 2010 to 2020 was .
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Official Answer
Dropdown 1: 2010–2011
Dropdown 2: 700
23 May 2025, 02:30
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Official Solution:
Drop-down 1:
There’s no need to calculate percentage changes for every year. Notice that in 2010, the import figure was the lowest on the chart. The line from 2010 to 2011 is the steepest starting from the lowest base, which results in the greatest percentage increase. Although the increase from 2019 to 2020 is also steep, it starts from a higher base (the 2019 amount). Therefore, the greatest percentage increase in imports occurred during the period 2010–2011.
Drop-down 2:
To calculate the range of the trade balance, we need to find the difference between the highest trade balance and the lowest trade balance during the period. The highest trade balance occurred in 2018, equal to 2500 − 1700 = 800. The lowest trade balance occurred in 2011, equal to 1800 − 1700 = 100. Therefore, the range of the trade balance is 800 − 100 = 700.
Correct answer:
Dropdown 1: "2010–2011"
Dropdown 2: "700"
Bunuel
Drop-down 1:
There’s no need to calculate percentage changes for every year. Notice that in 2010, the import figure was the lowest on the chart. The line from 2010 to 2011 is the steepest starting from the lowest base, which results in the greatest percentage increase. Although the increase from 2019 to 2020 is also steep, it starts from a higher base (the 2019 amount). Therefore, the greatest percentage increase in imports occurred during the period 2010–2011.
Drop-down 2:
To calculate the range of the trade balance, we need to find the difference between the highest trade balance and the lowest trade balance during the period. The highest trade balance occurred in 2018, equal to 2500 − 1700 = 800. The lowest trade balance occurred in 2011, equal to 1800 − 1700 = 100. Therefore, the range of the trade balance is 800 − 100 = 700.
Correct answer:
Dropdown 1: "2010–2011"
Dropdown 2: "700"
General Discussion
15 May 2025, 03:48
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Hi
I am a bit confused for highest % increase for period 2010 to 11 and 2019 to 20. Both have same slope.
Can anyone explain pls?
I am a bit confused for highest % increase for period 2010 to 11 and 2019 to 20. Both have same slope.
Can anyone explain pls?
